Telkom executive vice president for enterprise and business services, Judi Achmadi, center right, shaking hands with Bank BKE president director Sasmaya Tuhuleley, center left, after signing the agreement in Jakarta on Oct. 18. (Photo courtesy of Telkom Indonesia)

Telkom Helps Bank BKE Establish Digital Payment Platform

OCTOBER 25, 2018

Jakarta. State-owned telecommunications company Telkom Indonesia and Bank Kesejahteraan Ekonomi signed a cooperation agreement to develop an e-money platform in support of the government's ambition to create a cashless society.

Judi Achmadi, executive vice president of enterprise service at Telkom, and Sasmaya Tuhuleley, president director of Bank BKE, signed the agreement in Jakarta on Oct. 18.

The agreement will allow the bank's BKE Pay platform to use Telkom's e-money service, known as T-Money, for cashless transactions.

Judi expressed Telkom's gratitude towards the management of BKE for entrusting it to handle the bank's transition to the digital sphere. He said this was the right decision, considering that Telkom has one of the most established digital ecosystems in the country.

Sasmaya said the decision to implement BKE Pay was strategic; to meet business challenges and realize the bank's mission to establish itself as a healthy company and actively participate in improving the welfare of government employees and their families.

He added that the growth of information and communications technology played a big role in the decision and that it was important for profit growth.